Trump Tax Reform – Pass Thru Update

Trump administration officials and congressional Republican leaders are negotiating the terms of a tax reform bill. While they have not introduced legislation or a detailed plan, here are some of the latest news items detailing what we know so far about their goals and possible intentions with respect to taxation of income flowing through pass-thru entities—and only applying to pass-thru entities. The following update is based on what they have said so far, as published in a July 27, 2017 report by the Washington Examiner.

However, to gain a more up-to-date overall perspective of what has transpired up to this point with tax reform, please refer to the article at the CPAGardens website entitled Trumps Tax Plan Unleashed, category “Tax Strategies,” posted on January 11, 2017.

Focusing On Pass-Thru Taxation

Perhaps one of the most significant reforms noted has to do with the policy question of “Pass-Thru Taxation.” This term is more accurately described as “taxation of income flowing through pass-thru entities”:

1.  Pass-throughs are businesses that pay their taxes through the individual income tax code rather than through the corporate code.

2.  In contrast, traditional C corporations can retain earnings without distributing them immediately to any particular shareholder.

3.  However, there are multiple interpretations of the proposed tax plan because the plan is not finalized.

Currently, the clearest understanding of the current plan is as follows:

• Pass-throughs are not eligible for a single 15 percent tax rate on the individual income that their owners report.
• At best, they may be allowed to adopt some kind of tax status similar to that of C-corporations, either on a temporary or permanent basis.

As noted, some of the latest news has the House Republicans favoring a new special top tax rate for businesses that file through the individual side of the tax code. The House Republican plan would set that rate at 25 percent, while the Trump plan would make it even with the corporate rate at 15 percent.

A joint statement between the Republication House and the President didn't specify where the rate would be. However, the special tax rate would ensure that mom-and-pop businesses get tax cuts with giant C-corporations. A significant portion of pass-through income goes to big businesses, and about half flows to the top 1 percent of income earners.

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Order Cake for Your Desired Day Online

Are you waiting for your desired day?  Are you excited to know how your cake will look? You must be that type of busy bee and lack time to go to the shop and order your favorite cake. But there is a way out. Study the catalogue online and we are sure you will be able to order your cake with ease.


There are many ways to book for online cake delivery Glendale. If you have a party today and planning to surprise your friends, then log in to the website of Art’s Bakery, and you will find a range of choice.  Apart from cakes, you may choose from the range of cookies, pastries, cupcakes, bread, and candies. We are specialized in cakes meant for various occasions like- wedding, birthday, baby shower, graduation and much more.

Well, if you are living in Glendale, there can be many reasons why you should ordercake online Glendale.

• Our cakes  are available online in various designs
• We take the minimum time to deliver
• There is a whole range of customized cakes for you to choose.
• You may select from the designs and then order your own cake.
• We are specialized in making cakes for various occasions- wedding, engagement, anniversary, kid’s birthday, graduation, her birthday, his birthday, designer cakes, christening, sports theme and other occasions.
• We have special expertise in specialty cakes like-fruit tarts, cakes, mousse and quarter sheet cakes.

Staying in Glendale and you want to book your cake? 

You must be wondering where to go for booking a cake.  You must be scared of getting stuck in the bad traffic or getting some free time from your busy schedule. There are various other responsibilities like venue decoration, flower arrangement, catering, and function. Cakes are a vital part of every occasion, and it has to be executed in excellent condition. Don’t panic. You can go to our website and select your cake.  Pay online, and your countdown begins for the day when you desire to see the cake. Take advantage of the service online cake ordering Glendale.





Where can you book pastries?  

Are you having a party at home? And looking towards booking some snacks for your guests? Go ahead and book pastries for your guests by ordering online. You may book other savories online through Pastry Glendale. You may choose from a range of pastries like- Cannoli pastry, Chocolate banana tart pastry, Vanilla éclair pastry, Almond Micado pastry, Nutella cupcake pastry, Apple turnover pastry, Bird milk pastry, Chocolate cake pastry, Chocolate porcupine pastry, Chocolate roulette pastry, Cream cheese roll pastry, Fruit tart pastry and many more.





Where do you want to buy wedding cakes from?
Wedding being an auspicious occasion, you may order cakes online from weddingcake Glendale.  There are various types ranging from several steps to a simple one. You may choose from the catalogue, select your favorite design, and then finally make payment through online method. You can even talk to our experts and add a bit of your imagination to it.

Never was ordering cakes so easy in Glendale before we had our presence in the city. So, make utilization of our exclusive services and order cakes online.

Corporate Events Cake Glendale

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Do You Have An Interest In Exporting?

Small businesses looking to increase sales and profit, reduce dependence on the domestic market and stabilize seasonal fluctuations should consider exporting. Consider these facts: 

• Nearly 96 percent of consumers live outside the U.S.
• Two-thirds of the world’s purchasing power is in foreign countries.

Today, as noted by Export.gov, it’s easier than ever for a company like yours, regardless of size, to sell goods and services across the globe. Small and medium-sized companies in the United States are exporting more than ever before.

In 2013, for example, more than 300,000 small and medium-sized U.S. companies exported to at least one international market—nearly 28 percent more than in 2005. The value of goods and services exports was an impressive $2.28 trillion, nearly a 25 percent increase since 2010. And 2014 topped the previous year, with exports valued at $2.34 trillion.

The following list is of sales channels are available to global trading partners active in the export process,

Sales channels can include:

• Direct to end-user
• Distributors in country
• Supplier to the U.S. government in a foreign country
• Your e-commerce website
• A third-party e-commerce platform where you handle fulfillment
• A third-party e-commerce where they handle fulfillment
• Supplier to a large U.S. company with international sale
• Franchise your business. 

You are not limited to one of these channels. As it is also noted in the Export.gov study, today’s global trading system is ideal for the smaller company employing more than one marketing and sales channel to sell into multiple overseas markets. But most U.S. exporters currently sell to one country market—Canada, for example. And the smaller the company, the less likely it is to export to more than one country. For example, 60 percent of all exporters with fewer than 19 employees sold to one country market in 2005.

Tips For Potential And New Exporters

In a recent report from Shipping Solutions, these seven tips will provide helpful guidance for businesses new to exporting:

Tip #1 – Make a Commitment

Businesses new to exporting can expect to face numerous challenges such as redesigning packaging or establishing a new distribution channel. 

Tip #2 – Do Your Research

To be successful overseas, do some research on potential markets. Which countries have the lowest duties? Write an international marketing plan, which addresses a range of potential issues such as unique labeling requirements.

Tip #3 – Focus Your Efforts

For example, first-time exporters in Minnesota often target Canada as the first international market to enter. The proximity of Canada and the benefits of the reduced North American Free Trade Agreement (NAFTA) tariffs are advantageous for new Minnesota exporters ramping up on their export knowledge.

Tip #4 – Set Aside Resources

Entering new markets requires resources—primarily time and money. Companies in the best position to export already have an established track record of domestic growth and a steady revenue stream. For many companies, gearing up a business to export means having to reallocate resources from domestic business opportunities.

Tip #5 – Increase Your Company’s Export Knowledge

Look for opportunities to develop and expand the export knowledge of your staff. Work toward credentials to ensure you develop a baseline of skills. For exporting companies, encourage staff to attain the Certified Global Business Professional credential. 

Read complete post here: Tax Services in Arizona

Tax and Accounting Services inArizona- Compasspointcpa

Tax law is complicated and constantly changing. Through continuous professional education and participation in industry briefings we stay current with the tax laws and regulations that can benefit you. This enables us to offer a full range of tax services and for you to minimize your tax liabilities.

Tax Planning

Proactive planning is the key to minimizing your tax liability. We work with individuals and businesses to help you pay the least amount of tax required by law. Your unique circumstances will determine the strategies that we can employ to maximize the amount of money you keep in your pocket.

Tax Preparation

Even simple tax returns require multiple forms, schedules, and worksheets. The instructions and guidance from the tax authorities can be confusing and often generate more questions than answers. While a computer software program may help, there is no substitute for the personalized quality of service and advice you will receive from our experienced tax professionals.

Tax Problems

If you are currently dealing with the tax authorities, we can help you assess the situation, advise you of your options, and resolve the issue at the lowest possible cost. We will also work with you to review your prior tax years to make sure that all of your tax filings have been submitted accurately and that you have taken full advantage of the tax laws. Then we will help you set up an easy system to keep your records current going forward. Contact for Tax Services in Arizona

Accounting Services

Businesses of all shapes and sizes depend on accurate, insightful, and timely financial information to manage their day-to- day operations. We lend our expert support to meet your accounting needs, so you can focus your time and energy on building a stronger business.

Financial Statement Preparation

Professionally prepared financial statements are an essential resource when dealing with creditors or investors. When we prepare your financial statements we can also help you assess the health of your business and frame strategic initiatives to aid in your business growth. Staff accounting services Arizona

Bookkeeping

To ensure that you have a complete and accurate picture of your financial position we can create and maintain proper accounts to capture all of your business transactions, identify and resolve discrepancies, and prepare all the necessary federal, state, and local tax returns.

Payroll Support

Managing the employee payroll is not a simple matter of calculating the amounts due, writing, checks, and handing them out. There is a host of government reporting and record keeping requirements that comes with the job – and adverse consequences if you get it wrong. We are happy to help you through the complicated payroll process.

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